7th Pay commission latest news: Now the wait is for the next dearness allowance (Next DA Hike). It will be announced for July 2022. But, before this, a new update will come for the central employees on 31 May.
7th Pay commission latest new: Central employees are going to get a new update soon. On May 31, 2022, once again it will be estimated that how much dearness allowance will increase next time i.e. at the end of July. New numbers of AICPI index are to come. Central employees are currently getting 34% Dearness Allowance (DA) money. But, the next Dearness allowance is to be revised. According to the current trend, there is a possibility of 4% increase in Dearness Allowance (DA Hike). It can be announced in August 2022.
What has been the trend of DA numbers so far
According to the 7th Pay Commission, the dearness allowance of central government employees is revised twice a year. It is announced once at the beginning of the year (in January) and at the beginning of the second half. Dearness allowance has been announced for the year 2022. It had increased to 34%. At present, consumer inflation is increasing continuously. In such a situation, dearness allowance is expected to increase well. The AICPI index, which came in April, had gained 1%. The possibility of increase in dearness allowance is very high. A more clear picture will come out on May 31.
There was a big jump in AICPI numbers
Inflation numbers in the All India Consumer Price Index are to come on 31 May. In this, the inflation numbers for April will be updated. Obviously, the index can see a rise. The labor ministry’s numbers for 3 months have arrived. There was a slight decline in January and February. It was reduced to 125.1 in January. At the same time, in February it had reached 125 points. But, there has been a big jump in March and the index has increased by 1 point to 126.
Labor Ministry releases figures
Dearness allowance figures have started coming. At present, the figures that have come are indicating that the increase in the next dearness allowance (7th pay commission) can be up to 4%. At the same time, if the index shows a jump in the next three months, then DA Hike can also be 4%. The data of All India Consumer Price Index (AICPI) has been taken by the Ministry of Labor and Employment on the basis of retail prices collected from 317 markets located in 88 industrially important centers of the country. The index has been prepared for 88 centers and for the entire country. AICPI is released on the last working day of every month.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
